Bitcoin Second Chance priceBTC

Bitcoin Rejected at $70K as Altcoins Remain Mixed Bitcoin’s latest recovery attempt has once again stalled just above the $70,000 mark, with the asset now trading more than $1,000 lower. Most large cap altcoins are moving sideways on a daily basis, although ZEC has stood out with solid gains, while HYPE has taken a notable hit. BTC Rejected at $70,000 Bitcoin’s recent price action continues to raise questions about overall market strength. The asset was trading around $90,000 on January 28 before suffering a sharp sell-off over the following days. The decline peaked last Friday when $BTC plunged to $60,000, its lowest level in more than a year. In less than 200 hours, Bitcoin erased roughly $30,000 in value. As expected after such a steep drop, buyers stepped in quickly. The rebound was swift, with BTC surging by $12,000 in under a day to touch $72,000 by Saturday morning. That momentum, however, didn’t last. Bitcoin was rejected near those levels and slipped back below $70,000, where it spent most of the weekend. Another push higher on Monday also failed, with sellers defending the $71,000 to $72,000 range. Since then, BTC has edged lower and is now trading around $69,000. Bitcoin’s market capitalization has fallen to approximately $1.38 trillion, while its dominance over altcoins remains strong at 57%. Altcoins Show Limited Movement $ETH continues to hover just above the $2,000 level after posting a modest daily decline. TRX is also slightly lower. On the positive side, XRP has climbed above $1.40 following a 3% gain. BNB, SOL, BCH, and ADA are all trading in the green as well, with ZEC leading the pack after a strong 6% surge that pushed it to $242. HYPE is one of the day’s weaker performers, down 5.5% and struggling to hold above $30. Meanwhile, RAIN has stolen the spotlight, soaring nearly 20% to trade well above $0.01. Other notable gainers include NEXO, ASTER, and M. The total cryptocurrency market capitalization has remained relatively unchanged over the past 24 hours, standing at just over $2.42 trillion. Conclusion Bitcoin’s repeated rejection near $70,000 suggests that the market is still struggling to regain bullish momentum after the recent sharp selloff. While BTC dominance remains elevated, signaling cautious sentiment, altcoins are showing mixed and selective strength rather than a broad recovery. Until Bitcoin can reclaim and hold above key resistance levels, overall market conditions are likely to remain choppy in the near term.

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$BTC $PAXG $ETH Former Fed Governor Kevin Warsh has reignited the Bitcoin vs. Gold debate. His statement — “Bitcoin is the new Gold for people under 40” — highlights a generational divide in safe-haven assets. 📊 Comparison Snapshot: - Gold: Centuries of trust, physical scarcity, hedge against inflation. - Bitcoin: Digital scarcity, decentralized, borderless, but highly volatile. - Investor sentiment: Younger investors increasingly treat BTC as their store of value. ⚠️ Disclaimer: This is not financial advice. Always DYOR & ensure halal compliance in investments. Hashtags: #BitgetInsight #BitcoinVsGold #CryptoGenerations #HalalCrypto #KevinWarsh

Bitcoin ETFs continue their cautious rebound. After a powerful $371 million on Friday, the funds added another $145 million on Monday — against a BTC price of around $70K. What's important about the flows — Outflows slowed to $187 million — a sharp deceleration — CoinShares: historically, this is a sign of a turning point — But YTD is still minus $1.9 billion, the celebration is premature OGs aren't leaving, but locking in profits Bitwise debunks the popular narrative: — Early holders aren't fleeing BTC — They're partially locking in profits, not closing positions — The majority remains in the market, just with lower risk Hogan (Bitwise): The OG core, which dislikes BlackRock and ETFs, is a shrinking minority. New institutional investors aren't displacing the old ones, but complementing them. Context — Bernstein: the current downturn is the "weakest bear case in BTC history" — No FTX, no systemic failures, just macro and redistribution — Altcoins have also revived: ETH +$57 million, XRP +$6.3 million Conclusion ETF pressure is decreasing, there's no panic. OGs aren't capitulating, institutional investors are returning cautiously. The market isn't bullish — but it's far from dead.